Title Agency Bond

What is a title agency bond?

SuretyBonds.com is legally licensed to issue title agency bonds in all 50 states. Whether you work in Mississippi, Ohio or Texas, we can bond you!

This page is about surety bonds for title agencies. If you’re looking for information about surety bonds for a lost or stolen vehicle title, click here.

A title agency bond, also known as a title agent bond, is a surety bond required of title insurance agencies. This bond guarantees title agencies perform their job in an honest manner, which applies to all functions in a title agency, including title searches, issuing and handling legal documents, title insurance and other tasks as requested by clients.

A title agency bond is an agreement between three entities:

The principal is the licensed title agent or agency

The obligee is the state department that handles licensing and requires the bond

The surety is the company financially backing the surety bond

Title agency bonds protect the state and public from title agencies not in compliance with state regulations for title agencies. Before applicants are eligible to obtain a title agency license in their state, the Department of Insurance in that state typically requires a title agency bond to be filed.

State specific costs

The costs and requirements of title agency bonds are established on the state level and can vary greatly. For example, the Bureau of Licensing in Florida requires title agencies to post a $35,000 surety bond, while the Virginia State Corporation Commission’s Bureau of Insurance entails title insurance settlement agents to post a $200,000 bond. Select your state below for more information about title agency bonds in your area or call 1 (800) 308-4358 to speak with a surety expert.

Pay a low rate for your title agency surety bond

The premium for your title bond is calculated as a percentage of a bond amount set by the government agency requiring your bond. For instance, the bond amount required for a Texas title agency differs from the total required for a California title agency. In most cases, qualified applicants will pay 1-5% of the bond amount. This means a standard $10,000 bond will cost between $100 to $500 for those with good credit. To get a better idea of the specific amount you will pay for the bond, get your free, no-obligation surety bond quote today!

Is your credit holding you back from purchasing your title bond? With our exclusive Bad Credit Bonding Program, we have markets specializing in bonding applicants with bad credit histories. The program allows qualified applicants to finance their surety bond, breaking up a large cost into smaller, more manageable payments.